Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC cut its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWOFree Report) by 7.9% in the third quarter, HoldingsChannel reports. The institutional investor owned 37,078 shares of the company’s stock after selling 3,181 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Take-Two Interactive Software were worth $5,205,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. NBC Securities Inc. purchased a new position in shares of Take-Two Interactive Software during the 3rd quarter worth approximately $27,000. Webster Bank N. A. purchased a new position in shares of Take-Two Interactive Software during the 3rd quarter worth approximately $28,000. Spotlight Asset Group Inc. purchased a new position in shares of Take-Two Interactive Software during the 2nd quarter worth approximately $29,000. BluePath Capital Management LLC purchased a new position in shares of Take-Two Interactive Software during the 3rd quarter worth approximately $30,000. Finally, Whittier Trust Co. purchased a new position in shares of Take-Two Interactive Software during the 3rd quarter worth approximately $30,000. 89.95% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the stock. Wedbush reissued an “outperform” rating and set a $190.00 price objective on shares of Take-Two Interactive Software in a research note on Friday. JPMorgan Chase & Co. lowered their target price on shares of Take-Two Interactive Software from $188.00 to $180.00 and set an “overweight” rating for the company in a research note on Friday. Deutsche Bank Aktiengesellschaft raised shares of Take-Two Interactive Software from a “hold” rating to a “buy” rating and lifted their target price for the stock from $155.00 to $175.00 in a research note on Tuesday, November 14th. The Goldman Sachs Group lifted their target price on shares of Take-Two Interactive Software from $165.00 to $200.00 and gave the stock a “buy” rating in a research note on Friday, January 19th. Finally, Morgan Stanley lifted their target price on shares of Take-Two Interactive Software from $160.00 to $175.00 and gave the stock an “overweight” rating in a research note on Thursday, November 9th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and sixteen have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $169.57.

Check Out Our Latest Research Report on TTWO

Insider Buying and Selling

In related news, CEO Strauss Zelnick sold 8,000 shares of Take-Two Interactive Software stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $157.15, for a total transaction of $1,257,200.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other news, Director Michael Sheresky sold 244 shares of the business’s stock in a transaction dated Friday, November 24th. The shares were sold at an average price of $156.40, for a total value of $38,161.60. Following the completion of the sale, the director now owns 63,905 shares of the company’s stock, valued at approximately $9,994,742. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Strauss Zelnick sold 8,000 shares of the business’s stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $157.15, for a total transaction of $1,257,200.00. The disclosure for this sale can be found here. Insiders have sold 31,488 shares of company stock valued at $4,966,793 in the last quarter. Company insiders own 1.37% of the company’s stock.

Take-Two Interactive Software Stock Performance

NASDAQ:TTWO opened at $154.91 on Monday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.85 and a current ratio of 0.82. The firm’s fifty day simple moving average is $161.51 and its 200 day simple moving average is $149.90. Take-Two Interactive Software, Inc. has a twelve month low of $107.92 and a twelve month high of $171.59.

Take-Two Interactive Software Company Profile

(Free Report)

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, and Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names.

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Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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